The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. The Securities and Exchange Commission sinks the firm behind another initial coin offering. Per a Dec. 21 cease and desist order, the SEC has determined that ShipChain’s ICO for its SHIP Tokens was another example of […]
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More companies are looking toward DLT to enhance business operations. Here is what the adoption landscape looks like. To date, the ever-evolving DLT landscape has brought about dramatic changes to the world of finance and businesses in multiple industries. While blockchain is a type of distributed ledger technology, there are various other applications that have […]
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New machines are now coming online at a rate of nearly 1 per hour In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa, the machine saw $10,000 in BTC […]
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The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin. In the last month, we’ve seen the United States Federal Reserve come after BitMEX for failing to identify customers, crypto intelligence firm CipherTrace report that most crypto exchanges are not collecting enough user info, and the so-called “FinCEN […]
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Blockchain tech provides opportunities for progressive food enterprises to be more competitive and contribute to sustainability measures. Food supply chain management, or FSCM, has long been put forth as a low-hanging-fruit application in the enterprise blockchain space. Now, after years of pilots, the verdict is finally in: Blockchain-supported FSCM works perfectly. For innovation managers in […]
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The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity. The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean. Related: Not like before: […]
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One of the biggest retailers in the world is using blockchain to transform its supply chain. While it’s notable that some enterprises are beginning to deploy blockchain solutions this year, it’s important to point out that very few have done so. A report from Everest Group Research published in June shows that while 79% of […]
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Policyholders can pay in either Bitcoin or Ether through Bitcoin Suisse. A major health insurance provider in Switzerland has made Bitcoin and Ether payments available to its policyholders. According to an Aug. 31 announcement, Atupri Health Insurance is partnering with crypto financial services company Bitcoin Suisse for its 200,000 customers to make payments using Bitcoin […]
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Comparisons are being made between Bitcoin and Tesla as prices soar in 2020, but BTC has a ways to go to reach TSLA. Bitcoin price and Tesla stock have both been in the limelight recently, leading some retail investors to question if there are commonalities between the two assets. As Bitcoin (BTC) continues to hover […]
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Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’ Akoin tokens, has explained how the futuristic $6 billion city will work. Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says […]
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